Anthony Massey - 01 Aug 2024 Form 4 Insider Report for Axalta Coating Systems Ltd. (AXTA)

Signature
/s/ Mark Sherman, attorney-in-fact
Issuer symbol
AXTA
Transactions as of
01 Aug 2024
Net transactions value
-$20,885
Form type
4
Filing time
05 Aug 2024, 16:19:37 UTC
Previous filing
30 Jul 2024
Next filing
19 Feb 2025

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction AXTA Common Shares Options Exercise +2,070 +7.6% 29,253 01 Aug 2024 Direct F1
transaction AXTA Common Shares Tax liability $20,885 -570 -1.9% $36.64 28,683 01 Aug 2024 Direct F2

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction AXTA Restricted Stock Units Options Exercise $0 -2,070 -33% $0.000000 4,141 01 Aug 2024 Common Shares 2,070 Direct F1, F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Restricted stock units convert into common shares on a one-for-one basis.
F2 Shares withheld to satisfy the tax withholding obligation applicable to the vesting of a portion of a restricted stock unit award.
F3 On August 1, 2023, the reporting person was granted 6,211 restricted stock units, vesting in three equal annual installments beginning on August 1, 2024.